Kofi Annan Submits $3.05 Billion Budget for UN, Representing 0.5 Per Cent Growth

Article image U.N. Secretary-General
Kofi Annan
United Nations Secretary-General Kofi Annan (yesterday) recommended a 0.5 per cent growth in the organization's budget for the 2004-2005 biennium, including small extra expenditures on programmes for Africa, crime prevention and human rights observance, after nearly a decade of no growth.

"The budget embodies both our great hopes for the organization and our carefully considered decisions of what to do in a world of finite and limited resources," he told the General Assembly's Administrative and Budgetary Committee, also known as the Fifth Committee. He introduced a budget of $3.058 billion, adjusted for inflation.
While cautioning that the security of UN mission staff would require more funds than presently requested, the results-based budget reflected a major effort to align the activities of the organization with priorities agreed on at the Millennium Summit of 2000 and major world conferences, Mr. Annan said.

"The budget allocates additional resources for financing for development and the special needs of Africa. There are also modest yet necessary increases for drug control, crime prevention and human rights," he said.